CryptoCurrencies

When you get into Forex trading, there are two terms you will hear very soon – introducing broker and affiliate. While there are many similarities in the way in which an introducing broker and the affiliate functions, there are many differentiating factors between the two. Visit  forex, metals, shares, indices trading broker | multibank group An affiliate works towards offering clients access to a variety of goods and services. An introducing broker, on the other hand, is an agent whose primary job is to connect a customer or a client with a broker service. For doing this job, an introducing broker is entitled to get a fee that is fixed or decided in advance. While both the introducing brokers and affiliates are associated with a broker firm as its partners, they perform different functions. Here, we share an example to help you understand the difference between the two. A forex affiliate could create an advertisement for a Forex company and put it up easily. Based on a Cost Per

A  forex trading journal  is a log of your transactions in the foreign exchange market. Keeping a trading notebook will help you detach and regulate your emotions, as well as monitor the success of your technical setups, which is essential for any professional trader in foreign exchange market hours .   One of the biggest pitfalls for forex traders is making trades based on their emotions. Keeping track of your trades and how your strategy and emotions affected them might help you gain insight into your trading and refine your approach.   Your trading journal's purpose is to keep track of how well your trading strategy is working for you. While a well-thought-out trading plan is essential for success, it will be useless if you cannot stick to it. The purpose of keeping a trade journal is to assist you in doing just that.   Depending on the market, a  forex trading  log can take a variety of forms. This article discusses everything you should record and how to reflect on that

Leverage is a tool that allows traders to borrow money to trade with larger sums. It's essentially borrowing money from your broker or their liquidity provider to trade with (most likely banks). A trader with 100:1 leverage can trade with 100 times more money than he really possesses. In other words, for every dollar he possesses, he may establish a $100 stake. Leverage may be used for good or harmful, depending on how you choose to use it.   Leverage as a trader may be reduced to 1:20 or even 1:10 if you don't want to incur risks. Some brokers will let you go as high as 1:500 if you're willing to take higher risks and can tolerate bigger losses. Leverage might be as high as 1:200. There is a direct correlation between the amount of leverage you have and the amount of risk you are willing to accept.  Let's now see how we might alter  leverage on MetaTrader 4 .   Changing MetaTrader4's leverage   Account leverage for an existing account cannot be altered in M

Globally, financial markets are seeing a surge in investment interests across various instruments. The currency market or the global forex market place was once an exclusive trading territory for large-scale investors and corporations. There was no room or access for individual investors until now. As technology advanced, the foreign exchange market, or the forex market opened up to retail investors and made it possible to invest in different currencies to make the most of the movements in exchange rates.    Forex trading is often considered a very lucrative option to increase your passive income as a trader. As tempting as that may appear, at no point does it mean ‘easy money’. Being the biggest and the most liquid market in the world, the forex market can be very engaging. However, a new trader must always remember that trading forex is certainly different from stocks or commodities trading. It’s a market that operates 24 hours five days a week and offers a lot of liquidity but de

Crypto staking is a welcome trend initiated by the advent of Proof-of-Stake (PoS) consensus mechanism in blockchain networks. Ironically,   Bitcoin, the crypto king, is not a part of staking given its PoW network- but the majority of crypto coins today allow crypto staking . Staking, essentially, is a process of verifying and validating a new batch of transaction blocks before they are conjoined with the existing chain of the overall blockchain network. A PoS blockchain network needs stakers to stake their coins to complete the verification   process. In return, stakers receive the opportunity to earn decent passive income. Are you aspiring to sign up with crypto staking to expand your income portfolio? That’s smart no doubt- but before you proceed, make sure to amp up your know-how on crypto staking to ensure informed staking decisions. What and how of crypto staking As mentioned previously, crypto staking is a validation process used by PoS crypto blockchain networks to veri

When it comes to buying, selling, or trading cryptocurrencies , crypto wallets are very important. If you’re a crypto trader, you should not underestimate the importance of storing your cryptocurrency like Bitcoin, Ethereum, and Shiba Inu coins safely. Storing them right in digital wallets is crucial for validating all transaction-related information.  Note that custom crypto wallets often offer more features and are different in terms of the hardware or the software used. Remember that choosing your crypto wallets is definitely one of the most significant decisions when it comes to crypto trading. Making the wrong choice could lead to financial losses, therefore you must tread carefully.    Why Selecting a Crypto Wallet Matters? Recently, nearly 8.4 billion passwords were leaked. These included old and new email and bank account passwords but if such a thing were to happen with digital money, the security threat could be much more alarming.    What is the safest way to store c